LONDON: Saudi Arabia’s Minister of Industry and Mineral Resources met on Saturday with Spanish Minister of State for Energy, Sara Aagesen Munoz, to discuss deepening mining cooperation between the two nations.
The meeting between Bandar Alkhorayef and Munoz also included Saudi Ambassador to Spain, Princess Haifa bint Abdulaziz bin Ayyaf Al Muqrin, and focused on attracting Spanish mining companies to invest in the Kingdom’s growing mining sector.
During the discussions, Alkhorayef highlighted the strong partnership between Saudi Arabia and Spain, emphasizing the significant economic and trade ties that have developed over the years.
He described Spain as a key partner in Saudi Arabia's efforts to expand its industrial and mining sectors, expressing optimism about strengthening cooperation in these areas.
Alkhorayef also discussed Saudi Arabia’s Vision 2030 and noted that key sectors such as industry, mining, energy, and logistics were critical to achieving these goals, with mining in particular being a cornerstone of the Kingdom’s economic transformation.
Alkhorayef also welcomed foreign investment and underscored the attractive opportunities available for international firms. He invited Spanish companies to explore the Kingdom’s untapped potential in mining, noting that the government has implemented various initiatives to support the sector's growth.
The meeting concluded with both sides reaffirming their commitment to strengthening bilateral ties and exploring new areas of cooperation in the mining industry.
